(RajOil) Raj Oil complete technical analysis [charts+indicators] | Buy/Sell Raj Oil | (RajOil) share price targets
Complete technical analysis of Raj Oil (RajOil) by charts plus indicators, forecast predictions and share price targets for Raj Oil (RajOil)
10 day averaged volume of Raj Oil is 14642
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 38.65 | 41.75 | 41.98 | 38.04 | 0.417 times |
| 29 Wed Mar 2023 | 39.99 | 40.74 | 43.38 | 39.38 | 0.327 times |
| 28 Tue Mar 2023 | 41.32 | 42.31 | 44.65 | 41.32 | 0.262 times |
| 27 Mon Mar 2023 | 43.48 | 45.70 | 45.70 | 42.31 | 0.746 times |
| 24 Fri Mar 2023 | 43.55 | 43.70 | 43.75 | 43.00 | 1.095 times |
| 23 Thu Mar 2023 | 41.67 | 41.67 | 41.67 | 40.31 | 0.505 times |
| 22 Wed Mar 2023 | 39.69 | 39.45 | 39.69 | 38.80 | 0.475 times |
| 21 Tue Mar 2023 | 37.80 | 37.80 | 37.80 | 36.70 | 2.245 times |
| 20 Mon Mar 2023 | 36.00 | 33.90 | 36.45 | 33.90 | 1.393 times |
| 17 Fri Mar 2023 | 34.72 | 35.51 | 35.55 | 34.17 | 2.502 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.5 or till 33.5. Use a stoploss of 38.9 and if the stock hits stoploss, then it can shoot up till 41.33
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 33.90 |
| Downside Target | 36.75 |
| Downside Target | 38.04 |
| Upside Target | 39.80 |
| Upside Target | 40.85 |
| Upside Target | 43.75 |
| Upside Target | 45.10 |
| Upside Target | 54.00 |
| Upside Target | 55.15 |
| Upside Target | 56.75 |
| Upside Target | 61.95 |
| Upside Target | 63.00 |
| Upside Target | 64.15 |
| Upside Target | 64.75 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 35.89 |
| Downside Intraday Target | 33.14 |
| Upside Intraday Target | 43.55 |
| Upside Intraday Target | 48.46 |
| Upside Intraday Target | 40.8 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 38.65 | 45.70 | 45.70 | 38.04 | 0.307 times |
| 24 Fri Mar 2023 | 43.55 | 33.90 | 43.75 | 33.90 | 1.348 times |
| 17 Fri Mar 2023 | 34.72 | 39.80 | 39.80 | 34.11 | 1.549 times |
| 10 Fri Mar 2023 | 39.72 | 36.75 | 40.85 | 36.75 | 2.059 times |
| 03 Fri Mar 2023 | 38.68 | 45.10 | 45.10 | 38.68 | 5.129 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 38.65 | 43.00 | 45.70 | 33.90 | 4.03 times |
| 27 Mon Feb 2023 | 45.10 | 56.60 | 64.75 | 45.10 | 1.266 times |
| 31 Tue Jan 2023 | 56.10 | 60.45 | 61.95 | 54.00 | 0.43 times |
| 30 Fri Dec 2022 | 60.45 | 59.95 | 64.15 | 56.75 | 1.143 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Raj Oil (RajOil)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 25, 30, 9 | Sell |
| MACD | -5, -6 | Buy |
| Stochastics | 52 | None |
| CCI | -8 | Sell |
| RSI | 49 | Sell |
| OBV | -377 | Sell |
| VWAP | 38 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Raj Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Raj Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 38.32 and Raj Oil (RajOil) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Raj Oil (RajOil) stock. Volume based technical analysis of Raj Oil (RajOil) stock is negative.
Raj Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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